LAGOS, Nigeria : Daystar Power, a West African provider of hybrid solar power solutions to commercial and industrial (C&I) businesses, today announced its acquisition by Shell. Shell will acquire Daystar Power, which is subject to regulatory approvals, to deliver carbon emission reductions and power cost savings to C&I businesses across Africa. Daystar Power’s co-founders and […]
IFU leads $38m round in Daystar Power
The Investment Fund for Developing Countries (IFU), the Danish development finance institution, has led a Series B investment round of $38m in Daystar Power, a provider of hybrid solar power solutions to businesses in West Africa. “We believe that Daystar Power has the right elements — the client base, technology, engineering expertise, and executive leadership […]
